So in this case if you closed the purchase with a DSCR loan, assuming a  Straight 5 Year PPP structure, On year one if you do a Cash Out, the DSCR lender will penalize you with 5% of the loan amount for paying off their loan early. 

It was a $5k discount and a 6% 30 year fixed mortgage a non-owner occupant, just too good to pass up.

Closer to Charleston though, Summerville actually.Yes, many HM and investor-friendly lenders just "cant fuss" with loan amounts this small.  

You may also want to look into what Section 8's rates are if they will only pay a certain amount of rent based on bedroom count.

Investment Info:Single-family residence fix & flip investment in Valley Village.

Are there different ways to involve your friends and family by having them give you a certain amount of money to help with the downpayment and giving them back a return?

so for pure commercial the 30 year fixed market is slim .

I understand there is no way i can start with this amount of money and invest in my area and expecting a positive cash flow.That's why i choose Texas.

We are currently in the process of fixing everything up and getting it rentable, so all the repairs are coming out of our pockets.

Keep in mind you will also likey be paying transfer taxes on assessed value of the property in order to complete the transfer even if transferred for a $1 or a "nominal amount".